The new Celtic boss should have as much as £30million to spend during the summer rebuild.
We all know when the summer window kicks in, the club needs to do a power of work as we look to wrestle the title back from Rangers next season.
All focus at the minute is on whenever the new manager will be announced. With a bit of luck, given the season is officially over on Saturday, we won’t have to wait too much longer before we hear an announcement.
And after that? It’s going to be all about the major overhaul that needs to happen at Celtic Park. Whether it’s Eddie Howe or anyone else, they’re going to need a sizable transfer outlay in order do the work required.
But with the amount of cash we look set to bring in from summer transfer work, Celtic will be in a fine position to back their manager financially. Looking at what lies ahead, there’s no reason the new manager won’t have as much as £30m to spend.
Celtic look like raking in £30m at least this summer
Look at the players who appear likely to depart. Edouard has been mooted for around a £15m move to Leicester City [Daily Mail]. Given his poor season and the fact he’s into the final year of his contract, £15m looks a reasonable amount. Unfortunately, trying to sell Edouard for any more than that would be extremely tough given his situation.
As for Ajer, Celtic have in the past been reported to have been asking for £12m for the player’s signature [Goal]. Again, this would be about right. If the Norwegian was on a longer-term contract, then the Hoops would’ve surely been able to ask for £20m+. But sadly that isn’t the case.
Ryan Christie and Olivier Ntcham are also into the final years of their contracts. Given both have struggled badly this season, with the latter being sent on loan to Marseille and flopping – getting them sold and off the wage bill would be the right move.
Last summer, Nice were reported to have valued Christie at £10m [Scottish Sun]. These days? Forget it. Especially if his contract expires in January and not this summer. Celtic should be able to ramp up a bit of a fee for him, but if it’s anymore than £3m it would be hugely surprising.
Ntcham, meanwhile, can go for a bit more this year. His deal at Parkhead isn’t up until next summer, with a £5m valuation for him seeming about right. We would have a cheek to even think we could get any more than that.
All of those fees add up to around £35m in player sales. That’s not even mentioning the £11.5m raked in for Jeremie Frimpong back in January [The Times].
Yes, some of this will go towards operating costs and other expenses Celtic need to deal with. But there’s no reason to hold as much as £30m back from the new boss. Given we’ll need to sign a number of players that reaches double-digits, this is how much the manager will need.